Survey Result Points to Continued Gold Rally

A poll of 55 analysts and traders indicates that market experts believe that the gold rally will continue into 2011. The rally will likely be supported by investors seeking protection from continuing market uncertainty.

“Resurfacing concerns over another wave of recessionary conditions should keep investment demand for gold firm, as investors look to hedge against financial market volatility and vulnerability,” said CPM Group analyst Rohit Savant.

Source: Reuters

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